Odaily星球日报讯 据市场消息，美国证券交易委员会（SEC）对美林证券提起诉讼，指控其在客户交易中利用市场波动获利。 据此前相关消息称，美林证券的经纪部门正在向财富管理客户提供比特币现货 ETF 交易服务，由于客户要求，银行首先向一些拥有经纪账户的财富管理客户提供已获批准的 ETF 产品。

Odaily星球日报讯 据市场消息，美国证券交易委员会（SEC）对美林证券提起诉讼，指控其在客户交易中利用市场波动获利。据此前相关消息称，美林证券的经纪部门正在向财富管理客户提供比特币现货 ETF 交易服务，由于客户要求，银行首先向一些拥有经纪账户的财富管理客户提供已获批准的 ETF 产品。

美SEC对美林证券提起诉讼，指控其在客户交易中利用市场波动获利

According to market information, the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Merrill Lynch, accusing it of profiting from market volatility in client transactions. According to previous related news, Merrill Lynch's brokerage department is providing Bitcoin spot ETF trading services to wealth management clients, and the bank is first providing the approved ETF products to some wealth management clients with brokerage accounts, as requested by clients.

Odaily Odaily News According to market news, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Merrill Lynch, accusing it of taking advantage of market fluctuations in customer transactions. According to previous related news, Merrill Lynch&#39;s brokerage department is providing Bitcoin spot ETF trading services to wealth management clients. Due to customer requests, the bank first provided approved ETF products to some wealth management clients with brokerage accounts.

SEC files lawsuit against Merrill Lynch, accusing it of taking advantage of market volatility in customer transactions

Odaily Planet Daily Report: Nate Geraci, President of The ETF Store, expects that once the Bitcoin spot ETF options trading begins, there will be "a series" of new applications, such as "Bitcoin buffer or defined outcome ETFs, Bitcoin premium income or yield max ETFs, Bitcoin tail risk ETFs, and Bitcoin convexity ETFs." At the same time, Bloomberg's senior ETF analyst Eric Balchunas said it will attract more liquidity, which in turn will "attract more large participants." Retail traders typically use options for speculation, while large institutions use options for hedging. Market structure analyst Dennis Dick said Bitcoin has a large retail following, which means Bitcoin ETF options may see more speculative behavior compared to stock ETF options. "Contrary to popular belief, options actually reduce volatility," Dick said in an email, "as open interest increases, it creates natural buyers and sellers on both sides of the market...this adds liquidity to the market, thereby reducing volatility." As a result, Dick expects that as interest in Bitcoin ETF options trading increases, the volatility of the ETF's underlying asset (Bitcoin) will decrease. (The Block)

Previously, the US SEC has approved the listing and trading of Bitcoin spot ETF options on Nasdaq. Nasdaq stated that the exchange will handle Bitcoin ETF options in a similar manner to other ETF options, following the same rules and trading procedures. The SEC's notice stated that "IBIT options will be physically settled American-style."

Analysis: Bitcoin spot ETF options trading will increase market liquidity and reduce volatility

The New York Mellon Bank has obtained an exemption from the SEC's (U.S. Securities and Exchange Commission) Staff Accounting Bulletin No. 121 (SAB121) in the review of the Chief Accountant's Office.

According to a Bloomberg report on September 24, after obtaining an exemption from the SEC, the Bank of New York Mellon (BNY Mellon) has taken an important step into the Crypto asset custody market, particularly the BTC and Ethereum ETF custody market.

The report stated that the Bank of New York Mellon has...

Trillion-dollar financial giant officially enters BTC ETF custody track, intends to challenge Coinbase

The U.S. Securities and Exchange Commission (SEC) has recently approved the listing application for Bitcoin spot ETF options. Although it still needs to be approved by the Office of the Comptroller of the Currency (OCC) and the Commodity Futures Trading Commission (CFTC), many analysts are already excited about the huge potential of the digital asset derivatives market. The head of the asset management company VanEck pointed out that the derivatives market potential of Bitcoin alone, the largest cryptocurrency by market capitalization, is 279 times that of traditional finance. However, Ethereum did not have the same luck, as the SEC data indicates that they will delay the launch of the Ethereum spot ET...